readtheticker blogger: September 2020

Tuesday 29 September 2020

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Date Found: Friday, 01 May 2020, 11:47:29 PM

Comment: In 2008 the Central banks were newbies, now there locked and loaded .. its going to be a great show

Date Found: Saturday, 02 May 2020, 12:21:35 AM

Comment: The Fed has done everything it possibly could: Hayman founder youtu.be/_MxXNX7OHfU

Date Found: Saturday, 02 May 2020, 06:13:53 PM

Comment: Gold stocks (BGMI) bull market histories

Date Found: Sunday, 03 May 2020, 06:14:18 PM

Comment: David Hunter: Gold and Silver Miners to be the Next Dot Com Bubble youtu.be/p8mSgAVTlXA

Date Found: Sunday, 03 May 2020, 06:52:43 PM

Comment: The two circles brought high inflation (followed by high interest rates).. and now .. history repeats

Date Found: Monday, 04 May 2020, 12:25:51 AM

Comment: This would be just crazy, heart stopping volatility

Date Found: Friday, 08 May 2020, 12:35:26 AM

Comment: Does physical price matter?

Date Found: Sunday, 10 May 2020, 02:14:00 AM

Comment: Suggests dollar will lose half its value vs yen over next 12-18 months.

Date Found: Sunday, 10 May 2020, 05:31:41 PM

Comment: FED out printing ECB - bullish for EURO, hmmm?

Date Found: Monday, 11 May 2020, 02:18:46 AM

Comment: Hmmm This is going to hits the markets soon, SP500 to 4,000

Date Found: Monday, 11 May 2020, 03:21:47 AM

Comment: 2021 will be a huge SP500 rally, and the gold stocks explode (our guess)

Date Found: Monday, 11 May 2020, 08:41:02 AM

Comment: BTC price hope chart

Date Found: Tuesday, 12 May 2020, 10:12:41 PM

Comment: US deficit WTF!. This a huge creation of US dollars, $USD has yet move lower ..hmmm

Date Found: Wednesday, 13 May 2020, 07:46:47 PM

Comment: More volatility to come ...

Date Found: Saturday, 16 May 2020, 06:10:47 AM

Comment: DOG = COVID19 or US dollar rally or NO more FED PUT or Hillary wins in 2020!

Original Post: https://ift.tt/3kWthtf

Friday 18 September 2020

Stocks are not done yet - Update

There are a few times in history when a third party said this US paper (stocks, funds or bonds) is worthless.

Here is two.

1) 1965 Nixon Shock - The French said to US we do not want your paper dollars please pay us in gold. This of course led to the US going off the gold standard.

2) 2007 Bear Stern Fund Collapse - Investors said their funds collateral was worth much less than stated. This of course was the beginning of the great america housing bust of 2008.

In both cases it was stated .."look the Emperor is naked!"... (The Emperor's New Clothes - Hans Christian Andersen)

The plot ..

Two swindlers arrive at the capital city of an emperor who spends lavishly on clothing at the expense of state matters. Posing as weavers, they offer to supply him with magnificent clothes that are invisible to those who are stupid or incompetent.

The emperor hires them, and they set up looms and go to work. A succession of officials, and then the emperor himself, visit them to check their progress. Each sees that the looms are empty but pretends otherwise to avoid being thought a fool.

Finally, the weavers report that the emperor's suit is finished. They mime dressing him and he sets off in a procession before the whole city. The townsfolk uncomfortably go along with the pretense, not wanting to appear inept or stupid, until a child blurts out that the emperor is wearing nothing at all.

The people then realize that everyone has been fooled.

Although startled, the emperor continues the procession, walking more proudly than ever. [Blog point - This is the stage where we are in 2020, full 100% stupidity.]

No Clothes

The points is, when a child (i.e the lower and middle class mass) can see the truth, the swindle is up!

Post a financial swindle the avoidance of loss is overcome by investors with huge financial resource and little sense. Buyers of last resort. To buy worthless paper at 100 cents in the dollar to extinguish all investor loss. The US Federal reserve has been executing this task since 2007. Their balance is now near $7 trillion, maybe add on currency swaps, treasury general accounts and it may be closer to $12 trillion.

The point is, when some one calls US financial paper (either stocks or bonds) worthless and that someone is most likely to be the masses, or the lower and middle class, this is the modern day equivalent saying the 'Emperor is naked', and either one of these will follow at a much faster pace than ever seen before.

(1) Paper assets (stocks and bonds) suffer a massive negative price adjustment to true fundamentals valuations.

(2) Paper assets (stocks and bonds) are supported by the buyer of last resort (the US Fed) and massive money supply creation results in a lower currency price.

Of course the US central bank has being executing (2) above for 10 years, but now the masses are catching on as they ask why is gold and silver the best performing assets.

Note, The bitcoin rally of 2017 was also an alert.

Gold per once over $2,000 USD is church bells ringing!

Maybe when gold is over $3,000 USD the 'Emperor' also realises he is naked. Well to conclude, until this happens risk on assets should continue to rally (subject to central planners policy mistake or act of god or act of gold!).

The US FED is now at this stage.

FED

And when the music stops, you will not be first to know.

FEd1

And you will tell your grand kids this valuable lesson on the day before the venture into the world.

Quote

Original Post: https://ift.tt/3iMLZ5R

Thursday 10 September 2020

Gold Gann Angle Update

Golds bullish trend has worked well in 2020, so what is next over the immediate 3 to 6 months? Will we continue to see a golden future.

The US dollar had been strong into COVID 19, since then the FED has printing a lot of money, and they are also considering YCC (Yield Curve Control), last seen during WW2. [Note YCC lasted 9 years over WW2. WOW, that is a lot of money printing.]

The FED is now forecast to over take competing central banks balance sheets in size, and the release valve will be a falling US dollar. Therefore we should continue to see the US dollar maintain is slow leak down over the next 3 to 6 month, say on the DXY 82 to 88.

Also, US election worries will add to the weakening of the dollar. Of course extreme chaos in Washington will accelerate the US dollar decline.

FED forecast

The US dollar continues to follow its time cycle (re posting of chart).

US dollar

These Gann Angles on gold (GLD ETF) high light the BULL and BEAR plays. If the US dollar continues to fall then the light yellow box should be considered as a target to take profits.

GOLD

Original Post: https://ift.tt/2RgUtpM

Tuesday 1 September 2020

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Date Found: Wednesday, 15 April 2020, 11:39:11 PM

Comment: Otavio (Tavi) Costa @TaviCosta6dDon’t blame the virus. Equity earnings already looked awful way prior to COVID-19. Q4 was the worst decline in EPS growth since the Great Recession. Let the Q1 earnings season begin.